Coding school in Ethiopia empowers youth for success
Nearly 70 Ethiopian teenagers aged 10-17 have successfully completed the Coding School in Addis Ababa, delivered by ThinkYoung and Boeing.
Exness expands its Fintech scholarships program to Kenya
The multi-asset broker Exness is pleased to announce it is extending its popular Fintech Scholarships program to Kenya in collaboration with United States International University.
Ethiopia debt service expenditure up 26 percent
For two consecutive years, debt service continues to be the highest budgetary line item, absorbing 159 billion Birr, up 26 percent from last year’s budget (2022/23), while defense budget is down 40…
St. Petersburg set to host festival during Russia, Africa summit
The St. Petersburg Seasons Festival of Culture is set to take place from 25 to 29 July in St. Petersburg at the Second Russia–Africa Summit and Russia–Africa Economic and Humanitarian Forum, the…
Huawei Ethiopia to provide employment, internship opportunities
Huawei participated in the job fair hosted by Addis Ababa Science and Technology University (AASTU), in order to provide fresh graduates employment and internship opportunities.
Deadly diseases upsurge in Africa
Several infectious diseases in Africa, including malaria, cholera, and measles, have all witnessed upsurges recently due to complex interactions including changing climatic conditions, human encroachment into wild places, an increased burden on…
Emirates introduces onboard meal preordering service
Emirates takes the first steps in an innovative initiative of meal preordering, whereby customers will be able to preselect their hot main meal between 14 days and 24 hours in advance of…
Islamic Trade Finance Corporation inks $1.2 billion deal
The International Islamic Trade Finance Corporation (ITFC), a member of the Islamic Development Bank Group (IsDB), has signed seven major agreements with Azerbaijan, Burkina Faso, Cote d’Ivoire, Nigeria, and Uzbekistan on the…
Impact, concerns and prospects of Chinese investments in Africa
By Andualem Sisay Gessesse – Official reports show that China has been Africa’s largest trading partner for 12 years, even though bilateral trade declined 10.5% to USD 187 billion in 2019. It…
Renewable energy investment key to drive Africa’s industrialisation, trade
BY YANET FANTAYE WOGAYEHU – Africa should harness investment and tapping vast green energy resources to drive sustainable industrialization and trade across the continent, the Economic Commission for Africa (ECA), Acting Executive…
Angola’s plan to improve oil industry yielding fruit
By NJ Ayuk – Angola has been in the petroleum business for a long time. The country’s crude yields peaked in 2008 at slightly less than 2 million barrels per day (bpd)…
Cameroon secures €63 million loan for skills improvement
The Board of Directors of the African Development Bank Group has approved a €63.09 million loan to Cameroon to promote entrepreneurship and improve skills to match industry needs.
FDI flows from Russia to Ethiopia
By Melaku Kinfegabriel – In recent years, Russian investors have shown an increasing interest in investing in Ethiopia, a country located in the Horn of Africa.
Ethiopia, Russia trade declines from 2018 to 2020
Despite growing interest for bilateral cooperation, the volume of trade between Ethiopia and Russia has been declining from 2018 to 2020, according to the data from the Federal Customs Service of Russia.